At a Glance
- Tasks: Manage revenue recognition and reporting while collaborating with various teams.
- Company: Join Hawk-Eye, a leader in sports entertainment technology.
- Benefits: Competitive salary, hybrid working, and opportunities for professional growth.
- Other info: Work in a supportive environment with a focus on continuous improvement.
- Why this job: Be part of a dynamic team making an impact in the sports industry.
- Qualifications: 4+ years in accounting, fully qualified, and strong IFRS 15 knowledge.
The predicted salary is between 61470 - 61470 £ per year.
Contract: Fixed Term Contract (9-12 months), Full-Time
Location: Basingstoke (hybrid working with two to three days per week in the office)
Salary: up to £61,470
Start Date: as soon as possible
What This Job Is All About
As a Revenue Accountant Business Partner, you will be a critical part of the Hawk-Eye and Sony Global Finance Accounting (SGFA) Team. You will manage and oversee revenue recognition and reporting to ensure complete and accurate monthly actual reporting. You will report directly to the Head of Accounting and Reporting while interacting regularly with the wider Sony group, including Corporate Planning, Tax, Treasury, and BPO. The ideal candidate will demonstrate strong technical accounting knowledge of revenue recognition standards (IFRS 15), excellent analytical skills, and the business acumen necessary to engage effectively with various stakeholders across the organization.
Key Responsibilities
- Revenue Recognition: Ensure accurate and timely revenue recognition in line with customer contracts under Sony’s Corporate Accounting Policy as per IFRS 15.
- Intercompany Transfer Pricing: Raise invoices/accrue transfer pricing for month end reporting.
- Financial Reporting & Analysis: Prepare monthly balance sheet reconciliations and provide detailed variance analysis and explanations for group reporting.
- Business Partnering: Partner with commercial leads, operations, and P&L owners on new deal modeling, contract setup, and invoicing schedules.
- Strategic Oversight: Maintain oversight of contract status by developing and maintaining a contract and revenue recognition database.
- Risk Management: Safeguard the balance sheet by providing regular "early warnings" of risks and opportunities related to contract assets and liabilities.
- Process Improvement: Drive automation and efficiencies in revenue management, modeling, and reporting, including the implementation of new contract management and billing tools.
- Audit & Compliance: Serve as the primary contact for statutory audits concerning revenue and ensure all required analysis and supporting schedules are provided.
- Credit: Coordinate with AR and Credit teams to ensure customer due diligence (KYC), credit assessments, and bad debt provision calculations are managed effectively.
- Collections: Liaise and support credit controller with reducing aged debt balances.
Key Performance Indicators (KPIs)
- Accurate and timely actual reporting with clear analytics explaining variances.
- Clean audit opinions for all revenue-related matters.
- Efficient and effective support provided to the HEI business, measured by service quality benchmarks.
What We Need From You
Essential
- Experience: 4+ years of accounting experience, specifically in revenue or project accounting roles.
- Qualifications: Fully qualified accountant (ACCA, CIMA, or equivalent) with a Bachelor's degree in Finance, Accounting, or Business.
- Technical Knowledge: Strong understanding and demonstrated application of revenue recognition under IFRS 15, preferably with managed services contracts.
- Skills: Strong commercial acumen, analytical problem-solving skills, and excellent written and verbal communication.
- Tools: Expert proficiency in Microsoft Excel and experience with project accounting tools or databases.
Preferred
- Systems: Experience with SAP S/4HANA, Power BI, and SharePoint.
- Environment: Experience working in a lean accounting environment or a multinational matrix organization.
- Mindset: A strong desire for continuous improvement and the ability to drive and sustain change.
- Industry: An interest in or understanding of Sports Entertainment Technology and services.
Equal Opportunity Employer
Hawk-Eye is an equal opportunities employer and as such makes every effort to ensure that all potential employees are treated fairly and equally, regardless of their sex, sexual orientation, marital status, race, colour, nationality, ethnic or national origin, religion, age, disability, or union membership status.
Revenue Accountant in Basingstoke employer: Hawk-Eye Innovations Ltd
Hawk-Eye offers a dynamic and inclusive work environment in Basingstoke, where employees are empowered to drive innovation and efficiency in revenue management. With a strong focus on professional development, team collaboration, and a commitment to diversity, Hawk-Eye provides its staff with the opportunity to grow their careers while contributing to exciting projects in the sports entertainment technology sector. The hybrid working model further enhances work-life balance, making it an attractive employer for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Revenue Accountant in Basingstoke
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and accounting world, especially those who work at Sony or similar companies. A friendly chat can sometimes lead to job opportunities that aren't even advertised!
✨Tip Number 2
Prepare for interviews by brushing up on IFRS 15 and revenue recognition standards. We want you to be able to discuss these topics confidently, as they’re crucial for the Revenue Accountant role. Practice common interview questions and have your own questions ready to show your interest.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've tackled complex financial problems in the past. Whether it’s through a presentation or a portfolio, let us see your thought process and how you can add value to the team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team and are familiar with our processes.
We think you need these skills to ace Revenue Accountant in Basingstoke
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Revenue Accountant role. Highlight your experience with revenue recognition and any relevant qualifications, like ACCA or CIMA. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your understanding of IFRS 15 and how your analytical skills can benefit our team. Keep it engaging and personal!
Showcase Your Technical Skills:Don’t forget to highlight your technical skills, especially in Microsoft Excel and any project accounting tools you've used. We love seeing candidates who are proficient in systems like SAP S/4HANA, so if you have that experience, shout about it!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at Hawk-Eye Innovations Ltd
✨Know Your IFRS 15 Inside Out
As a Revenue Accountant, you'll need to demonstrate a solid understanding of revenue recognition standards, especially IFRS 15. Brush up on the key principles and be ready to discuss how you've applied them in your previous roles. This will show that you’re not just familiar with the theory but can also implement it practically.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where your analytical skills made a difference in financial reporting or variance analysis. Think about times when you identified discrepancies or provided insights that led to better decision-making. This will highlight your ability to engage effectively with stakeholders.
✨Familiarise Yourself with the Tools
Since proficiency in Microsoft Excel and experience with project accounting tools are essential, make sure you're comfortable discussing your experience with these tools. If you have experience with SAP S/4HANA or Power BI, be ready to share how you've used them to improve processes or reporting.
✨Demonstrate Your Business Acumen
As a business partner, you’ll need to interact with various teams. Prepare to talk about how you've collaborated with commercial leads or operations in the past. Highlight any experiences where your input helped shape contract setups or invoicing schedules, showcasing your ability to think strategically.
